John Carsley Comment On Regulatory Notice 22-08
An ETF is a .uch better investment than purchasing coins via coinbase.com in my opinion.
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An ETF is a .uch better investment than purchasing coins via coinbase.com in my opinion.
I would like to make my own opinion heard on making investments in complex investments like cryptocurrency funds. I feel I should have the right to make my own investment decisions without "jumping through hoops" first. I started as a teenager and have been making all my own investment decisions for well over 50 years now without any interference nor professional help and don't feel anyone has the right to deny me that right. If I wish to invest in BITO or other similar products, I should have that right. It isn't fair that only a privileged few would be able to do this.
I don't need regulators to restrict the investments I choose to invest in. Government need not interfere in our ability to buy Cryptocurrency funds. It affords us the opportunity to make small investments we would otherwise not be able to. I am responsible for my decision making and know the risks. Please leave small investors alone
Please let me keep the ability to invest in leveraged ETF's/Stocks.
All of these criteria are very reasonable and should be applied.
I can see your concerns, but the proposed approach it is not the proper one. It appears to be at least discriminatory and distorting. I can write many pages, but I will be very brief for two of the points: 1. Demonstrate a high net worth : This is discriminatory. The absolute value is irrelevant. What is relevant is a relative value. (If someone's net worth is $100,000 and choose to invest $1,000 to crypto funds is the same as with someone else whose net worth is $10,000,000 and choose to invest $100,000. Both chose to allocate 1% of their net worth). 2.
I would request that you legalise and regulate cryptocurrencies and exchanges rather than restrict the rights of individuals to invest in them. Thank you
As an individual investor, I find leveraged funds essential to my long-term financial plans. While I understand that such funds can be harmful to those who do not have discipline or training to use them well, many other individual investors like me use them profitably. Please do not curtail our freedom to use leveraged or inverse funds.
this is [REDACTED]. I am grown. another attempt to restrict my success. i fear this is all to take away independence because of perceived injustices when in reality, this ia about institutions making money at my expense. FINRA what a joke
I strongly oppose SEC proposed rule #S7-24-15. My wife and I both have most of our life savings invested in IRAs, both traditional and Roth, with Fidelity Investments. A small but significant portion of our portfolio is currently in the ETF BITO. We were forced to use that ETF because we are not permitted by government regulations to directly own Bitcoin or any other cryptocurrency in our IRAs, a restriction I also object to. I should be allowed to invest my life savings however I wish.